1990 | OriginalPaper | Buchkapitel
Introduction
verfasst von : Associate Prof. Wei-Bin Zhang, Ph. D.
Erschienen in: Economic Dynamics
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
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The theory of economic development is a branch of economic dynamics. Any discussion of the theory must involve dynamics even though not all dynamic problems are necessarily related to economic development. The theory’s primary locus is upon the nice paths of economic variables. Stationary states, which have been the main concern of modern economic development theory, are actually special cases of economic dynamics.